Ethereum Foundation and Vitalik Buterin transferred a total of 30 million 400 thousand dollars worth of ETH to the US-based cryptocurrency exchange Kraken.
Offered by the on-chain analytics platform Lookonchain data according to Vitalik Buterin, co-founder of Ethereum And Ethereum Foundation approximately 30 million 400 thousand dollars worth 15 thousand 200 Ethereum Kraken transferred to the stock market.
The first transaction was from a wallet known to belong to Vitalik Buterin. Buterin, 400 thousand dollars worth 200 EthereumTransferred it to Kraken. Shortly afterward, the Ethereum Foundation again gave Kraken an approximation. 30 million dollars worth 15 thousand ETH conveyed. ETH at the time of transfer transactions, from $1,960 was trading.
Although no explanation has been given about the transfer process, the purpose of such transactions is generally make a sale is happening. Buterin has made similar sales in the past. Finally in February 320 thousand dollars worth 210 ETH sold it. Transfers made at that time were sent to Kraken in the same way.
According to CoinGecko data, in the last 24 hours 1.4% bullish ETH, at the time of writing from $1,932 is being traded.